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Gold/Mining/Energy : What is Thorium
LTBR 26.50+8.6%Oct 29 3:59 PM EDT

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From: Condo2/11/2015 4:21:58 PM
1 Recommendation

Recommended By
Hawkmoon

   of 908
 
Hmm, sounds kinda familiar...

Transatomic Power, a startup that’s developing a novel type of nuclear reactor, has begun a series of experiments that will either verify its design or send it back to the drawing board. The experiments were made possible by $2.5 million in new investments from Founders Fund, the venture capital firm cofounded by Peter Thiel, and two family funds. The reactor would be smaller and safer than a conventional nuclear unit, potentially making it far cheaper. It would use molten salt as its coolant, making it meltdown-proof and thus requiring fewer costly safety systems. Transatomic’s design could also consume nuclear waste, and it could use nuclear material that couldn’t easily be used to make a weapon.

technologyreview.com
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